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  • Economics
There is No Such Thing as a Free Lunch
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The study of economics is built on the foundation of three very important concepts: scarcity, choice, and opportunity cost. In this episode of the Economic Lowdown video series, economic education Coordinator Scott Wolla uses these three concepts to explain why there is no such thing as a free lunch.

Subject:
Economics
Social Science
Material Type:
Lecture
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Videos
Date Added:
06/14/2023
Think-Pair-Share Activity for Understanding Price Controls
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CC BY-NC-SA
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An exercise designed to facilitate understanding of the impacts of price controls on market outcomes, with a follow up exercise covering these and related concepts.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Date Added:
04/12/2023
Think-Pair-Share: Analyzing changes in supply & demand and predicting impacts on equilibrium
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CC BY-NC-SA
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An exercise designed to facilitate understanding of supply and demand shifts as well as impacts on market outcomes with follow up exercises covering these and related concepts.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Date Added:
04/12/2023
Think-pair-share: Functions of money
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CC BY-NC-SA
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This cooperative learning activity helps students gain a deeper understanding of the three functions of money and provides practice applying those ideas to real-life items.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Date Added:
04/12/2023
Three-Semester Honors Thesis
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A three-semester Honors Thesis in economics allows students to integrate their entire undergradaute economics experience into a challenging, meaningful, creative research project.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Date Added:
04/12/2023
Tincup, CO Mining Town
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Educational Use
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Tincup, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Colorado Mining Towns
Date Added:
02/06/2023
To Raise or Not to Raise the Minimum Wage
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CC BY-NC-SA
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In this interactive exercise, students explore the normative and economic issues that arise from minimum wage increases.

Subject:
Economics
Social Science
Sociology
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Date Added:
04/12/2023
Tomboy, CO Mining Town
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Educational Use
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Tomboy, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Colorado Mining Towns
Date Added:
02/06/2023
Top 10 Gold Producing States
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Educational Use
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Western Mining History presents a comparison of the output of the top 10 Gold Producing States. Colorado is number 2 as of 1965. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Mathematics
Measurement and Data
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
Statistics and Probability
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Mining History
Date Added:
02/06/2023
Top 25 US Gold Districts
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Educational Use
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Western Mining History presents a comparison of the output of the top 25 US Gold Mining Districts. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Mathematics
Measurement and Data
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Mining History
Date Added:
02/06/2023
The Top Ten Historic Mining Towns You Should Visit Today
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Educational Use
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Western Mining History tours ten western mining towns that have made significant contributions to their state and mineral extraction in the western United States. The ten featured towns include photos and a brief history. Primary source Historical|Photographs and modern photographs are included. The resource is a nice virtual field trip of 10 significant "wild west" mining towns. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. This photo gallery provide an excellent collection of primary sources for historical analysis in the classroom. Consider becoming a member or making a donation to help further the work of the site. Suggested use: Students might compare the color image to black and white versions on other parts of the Western Mining History site to discuss how color affects our interpretation and response to the image.

Subject:
Anthropology
Business and Communication
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Finance
History
Physical Geography
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Mining History
Date Added:
02/06/2023
Tortilla Factory
Only Sharing Permitted
CC BY-NC-ND
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Students observe the teacher produce a paper taco and then produce their own paper tacos. Students learn about the productive resources and intermediate goods used to make final goods and services. They listen to the book Tortilla Factory and identify the productive resources and intermediate goods used to produce corn tortillas. Students classify the resources used to produce their paper tacos.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Andrew T. Hill
Date Added:
06/14/2023
Total Devastation: The Butte, Montana Explosion of 1895
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Educational Use
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Western Mining History presents a short history of how a warehouse fire ignited a dynamite explosion that destroyed several blocks in Butte, Montana in 1895. Western Mining History is an historical site that provides databases, information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Business and Communication
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Finance
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Mining History
Date Added:
02/06/2023
Total Revenue and Price Elasticity of Demand: ILD
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CC BY-NC-SA
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This ILD helps students to understand the relationship between total revenue and price elasticity of demand.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Simulation
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Date Added:
04/12/2023
A Tour of Colorado Mining Towns
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Educational Use
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Western Mining History presents a brief summary of Colorado Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, gold and Photos and maps of the western United States. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Colorado Mining Towns
Date Added:
02/06/2023
Traditional Versus Shadow Banking
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CC BY-NC-ND
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Modern economies rely heavily on financial intermediaries to channel funds between borrowers and lenders. In this issue, the role of traditional banking is outlined and a parallel system—shadow banking—is explored.

Subject:
Economics
Social Science
Material Type:
Lesson
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Page One Economics
Author:
Scott A. Wolla
Date Added:
10/09/2014
Treasury Offset Program to the Rescue
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CC BY-NC-ND
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U.S. taxpayers expect the government to be a careful steward of taxpayer money. The October 2017 issue of Page One Economics: Focus on Finance explains how the Treasury Offset Program recovers taxpayer money from people who have received government benefits in error or by fraud and also recovers delinquent child support.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Page One Economics
Author:
Barbara Flowers
Date Added:
06/14/2023
Trinidad, CO Mining Town
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Educational Use
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Trinidad, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Colorado Mining Towns
Date Added:
02/06/2023
Tungsten, CO Mining Town
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Educational Use
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Tungsten, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Colorado Mining Towns
Date Added:
02/06/2023
Turret, CO Mining Town
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Educational Use
Rating
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Turret, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.

Subject:
Anthropology
Applied Science
Chemistry
Cultural Geography
Earth and Space Science
Economics
English Language Arts
Environmental Science
Geology
Geoscience
History
Physical Geography
Physical Science
Reading Informational Text
Social Science
Sociology
U.S. History
Material Type:
Data Set
Primary Source
Reading
Provider:
Western Mining History
Provider Set:
Colorado Mining Towns
Date Added:
02/06/2023